Linden Thomas Advisory Services LLC Purchases 388 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Linden Thomas Advisory Services LLC grew its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 21.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,218 shares of the construction company’s stock after purchasing an additional 388 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Comfort Systems USA were worth $941,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in FIX. Hollencrest Capital Management purchased a new position in shares of Comfort Systems USA in the third quarter worth $28,000. Harbor Investment Advisory LLC increased its holdings in Comfort Systems USA by 183.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company’s stock worth $36,000 after buying an additional 55 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Comfort Systems USA in the 3rd quarter worth about $38,000. V Square Quantitative Management LLC lifted its stake in Comfort Systems USA by 59.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock valued at $49,000 after acquiring an additional 47 shares during the period. Finally, True Wealth Design LLC purchased a new stake in shares of Comfort Systems USA during the 3rd quarter valued at about $53,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Down 0.6 %

FIX opened at $544.23 on Friday. The firm’s 50 day simple moving average is $470.89 and its two-hundred day simple moving average is $400.62. The company has a market capitalization of $19.37 billion, a PE ratio of 41.64 and a beta of 1.23. Comfort Systems USA, Inc. has a 1-year low of $201.61 and a 1-year high of $553.09. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the firm earned $2.74 EPS. Comfort Systems USA’s revenue for the quarter was up 31.5% compared to the same quarter last year. As a group, equities analysts forecast that Comfort Systems USA, Inc. will post 13.95 EPS for the current year.

Insiders Place Their Bets

In other Comfort Systems USA news, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $448.88, for a total value of $6,733,200.00. Following the completion of the transaction, the insider now directly owns 204,205 shares in the company, valued at $91,663,540.40. This represents a 6.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO T Mckenna Trent sold 4,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the sale, the chief operating officer now owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 36,200 shares of company stock worth $15,431,250 over the last quarter. 1.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on FIX shares. UBS Group boosted their price objective on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Northcoast Research initiated coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They set a “buy” rating and a $525.00 target price for the company. Stifel Nicolaus raised their price target on Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a research note on Friday. Finally, StockNews.com cut Comfort Systems USA from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $506.75.

About Comfort Systems USA

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.